Ventas VTR NNN — NOI

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Questions, answered.

What is Ventas's NNN — NOI?

Ventas (VTR) reported NNN — NOI of $120.17M in Q1 2026.

How has Ventas's NNN — NOI changed year-over-year?

Ventas's NNN — NOI decreased by 21.2% year-over-year, from $152.59M to $120.17M.

What is the long-term trend for Ventas's NNN — NOI?

Over 4 years (2021 to 2025), Ventas's NNN — NOI has grown at a -2.0% compound annual growth rate (CAGR), from $638.49M to $588.07M.

What does NNN — NOI mean?

Net Operating Income generated specifically from the Triple-Net (NNN) leased property portfolio. This metric measures the profitability of properties where tenants are responsible for property taxes, insurance, and maintenance costs in addition to rent.